As a bottom-up approach, a Job Guarantee policy can tackle the issue of unemployment on the macroeconomic …

employment levels during recessions. However, they can create inefficiency in the labor market, and might limit labor market …

of other employment policies. …

employment levels during recessions. However, they can create inefficiency in the labor market, and might limit labor market …

, short tenures and differences in employment structures. Furthermore, among refugees and other migrants, unemployment has … employment reductions and short-time work during the first lockdown. Refugees were also only able to perform their jobs at home … to a very limited extent. Important causes of these negative labor market effects are temporary employment contracts …

demand shocks lower wages, employment and increase unemployment under equilibrium conditions. Furthermore, the results show … effects, transitions from work to unemployment or inactivity (or vice versa) are considered exogenously in this literature … market although the return to pre-shock employment level depends on a number of factors related to the subsidy (such as …

The job guarantee is a viable policy option for tackling both unemployment and underemployment. Hyman P. Minsky was one …